DAX Edges Higher Ahead Of Lagarde Speech

RTTNews | Před 1025 dny
DAX Edges Higher Ahead Of Lagarde Speech

(RTTNews) - German stocks opened higher on Monday, tracking a strong rally on Wall Street Friday and encouraging cues from Asian markets.

Underlying sentiment remained supported somewhat by expectations of a pick-up in Chinese consumer spending on eve of the Lunar New Year holidays and comments from Fed officials suggesting they favor a 25-basis-point rate hike at the next meeting.

The euro scaled a nine-month high against the dollar after ECB governing council member Klaas Knot said interest rates would rise by 50 basis points in both February and March and continue climbing in the months after.

The benchmark DAX was up 105 points, or 0.7 percent, at 15,138 after climbing 0.8 percent on Friday.

Euro area consumer confidence survey results and a speech by ECB President Christine Lagarde at an event may sway sentiment as the day progresses.

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Thai Stock Market May Turn Lower Again On Friday

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The Thai stock market on Thursday snapped the two-day slide in which it had given up more than 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,285-point plateau although it may hand back those gains on Friday.
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Soft Start Expected For Indonesia Stock Market

Soft Start Expected For Indonesia Stock Market

The Indonesia stock market turned lower again on Thursday, one day after ending the two-day slide in which it had fallen almost 30 points or 0.4 percent. The Jakarta Composite Index now sits just above the 8,370-point plateau and the losses may accelerate on Friday.
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Hong Kong Shares Tipped To Open In The Red On Friday

Hong Kong Shares Tipped To Open In The Red On Friday

The Hong Kong stock market has moved higher in four straight sessions, advancing almost 825 points or 3.5 percent along the way. The Hang Seng Index now rests just above the 27,070-point plateau although profit taking is expected on Friday.
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Japanese Market Sharply Lower

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Reversing the gains in the previous two sessions, the Japanese market is sharply lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 50,500 level, with weakness across most sectors led by index heavyweights and technology stocks.
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China Shares May Open Under Water On Friday

China Shares May Open Under Water On Friday

The China stock market on Thursday ended the two-day slide in which it had fallen almost 20 points or 0.5 percent. The Shanghai Composite Index now sits just beneath the 4,030-point plateau although it may see renewed consolidation on Friday.
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Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian stock market is trading sharply lower on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,650 level, with weakness across all sectors led by mining and technology stocks.
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Losses May Accelerate For Taiwan Stock Market

Losses May Accelerate For Taiwan Stock Market

The Taiwan stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day losing streak in which it had given up more than 640 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 27,900-point plateau and it's expected to open to the downside on Friday.
RTTNews | Před 2 h 46 min